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Currently 79 PSUs are making losses: FM

Jaitley said that they are trying to revive 7 sick PSUs via divestment or joint ventures.

July 22, 2014 11:24 IST | India Infoline News Service

In a Parlianment, FM Arun Jaitley said that Currently 79 PSUs are making losses, while 19 have turnaround.

PSUs have to become competitve in the economy. The Management of PSUs have to be professionalised, says FM.

Jaitley said that they are trying to revive 7 sick PSUs via divestment or joint ventures.

We may not be able to revive 4 PSUs, but will look at winding them up, added FM.

FM also said that he will discuss Finance bill next week.

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